The Shanghai Composite Index returns to 4000 points, the Tianhong Securities ETF (159841) underlying index rises during the session, and the sector welcomes multiple catalysts such as high performance growth and the reform of the ChiNext

On April 14th, the three major A-share indices opened higher collectively, with the Shanghai Composite Index returning to 4,000 points. The CSI All Share Investment Banking & Brokerage Index rose by 0.06%, with GF SECURITIES and Guojin Securities performing outstandingly. The securities ETF Tianhong (159841) had a trading volume exceeding 57 million yuan, with a circulating share of 10.816 billion shares. CITIC Securities reported a significant increase in Q1 performance, with operating revenue of 23.155 billion yuan and net profit of 10.216 billion yuan. The China Securities Regulatory Commission released opinions on the reform of the ChiNext, benefiting the brokerage sector significantly, and Shenwan Hongyuan is optimistic about the allocation value of brokerages